TrueUSD Reaches Market Cap of $509.18 Million (TUSD)

TrueUSD (TUSD) traded 0.1% higher against the dollar during the 24-hour period ending at 12:00 PM ET on May 2nd. One TrueUSD token can now be purchased for about $1.00 or 0.00001693 BTC on cryptocurrency exchanges. In the last seven days, TrueUSD has traded 0.1% lower against the dollar. TrueUSD has a total market capitalization of $509.18 million and approximately $51.56 million worth of TrueUSD was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded 8.6% higher against the dollar and now trades at $0.30 or 0.00000511 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 4% higher against the dollar and now trades at $0.0100 or 0.00000017 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

TrueUSD Token Profile

TrueUSD was first traded on March 31st, 2018. TrueUSD’s total supply is 509,701,467 tokens. TrueUSD’s official Twitter account is @tusdio. The official website for TrueUSD is tusd.io. TrueUSD’s official message board is trueusd.medium.com.

According to CryptoCompare, “TrueUSD (TUSD) is a stablecoin pegged 1:1 to the US dollar, built on the Ethereum blockchain. Created by TrustToken, TUSD provides a digital alternative to USD, offering a stable store of value and means of exchange for people and businesses. TUSD is used for remittances, e-commerce, P2P payments, trading on crypto exchanges, and more.”

Buying and Selling TrueUSD

It is usually not currently possible to purchase alternative cryptocurrencies such as TrueUSD directly using US dollars. Investors seeking to trade TrueUSD should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase TrueUSD using one of the exchanges listed above.

TUSD/USD price chart by TradingView